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  • The CEO's survival guide

    The past few weeks have not been good for the chemical industry, with 4 major companies suffering significant problems: BASF warned that "customer demand in key markets has declined significantly" since October, and have temporarily shutdown 80 plants worldwide, whilst reducing production at...
    Posted to ICIS Blogs (Weblog) by Anonymous on 01-06-2009
  • Dow warns of need for "radical actions"

    Andrew Liveris, Dow CEO, has consistently warned that we are facing a major recession. Today , in a Bloomberg interview, he spells out the need for "radical actions" to "take out capacity". He notes that Dow's volumes are down 10%-20% this quarter, and expects this to continue...
    Posted to ICIS Blogs (Weblog) by Anonymous on 11-14-2008
  • Decision time in Europe, N America

    Many Asian companies have been cutting back petchem production in recent weeks. Now TOTAL have become the first to follow suit in Europe, with the announcement that they will shutdown the Carling No 2 cracker for a month from mid-November. These decisions are never easy. But as the blog has noted before...
    Posted to ICIS Blogs (Weblog) by Anonymous on 10-24-2008
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